Little market impact expected from Trump guilty verdict

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Donald Trump Hush Money Trial News

Donald Trump Trial,Us Stocks,Us Economy

NEW YORK, May 31 — Donald Trump became the first US president to be convicted of a crime yesterday when a New York jury found him guilty of falsifying documents to cover up a...

Supporters hold placards and flags following the announcement of the verdict in former US President Donald Trump’s criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, outside Trump Tower, in New York May 30, 2024.

The verdict, which came back after the close of the US stock market, plunges the United States into unexplored territory ahead of the November 5 presidential election, when Trump, the Republican candidate, will try to win the White House back from Democratic President Joe Biden. “The election will more than likely be a close election because we have a divided country. He has done everything he can to circumvent these various charges. For the American people, there’s no excuse. He’s a convicted felon. Period. End of story. If this is the guy you want in the White House, shame on you and shame on us as a country . . . The fact that today is a serious blow to his reelection chances is a big deal.”“I don’t think there will be a lot of impact.

 

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